Bank of America Executive Faces Criticism in Libor Case

Alex Wilmot-Sitwell Said He Didn't Recall Tom Hayes, But Was Included on Emails About Star Trader

By

David Enrich

Updated Sept. 24, 2013 12:46 p.m. ET

LONDON—In January, former UBS AG executive Alex Wilmot-Sitwell told British lawmakers that he didn't recall the bank's effort to retain a star trader named Tom Hayes, who is accused of being a central figure in alleged efforts to rig benchmark interest rates. In fact, he said he didn't remember the man at all.